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There Are Several Reasons Not To Despair Over The Rise In Oil Inventories

2015-10-18 12:16:22| Oil & Gas - Topix.net

Oil prices have seen a rather bumpy ride after oil inventories rose significantly and after the oil rig count fell for its 7th straight week. While the rise in inventories is certainly bad, investors should keep in mind the forecast provided by the EIA just a few days ago, which forecast a big draw's coming.

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